25 startups keen on signing MoUs with Centres of Excellence: TN govt

As many as 25 startups have evinced interest to sign memorandums of understandings with the Centres of Excellence that were inaugurated by Chief Minister M K Stalin, the Tamil Nadu government said on Sunday.

The startups under the state government's 'Olir' (shine) initiative would be able to grow faster by utilising the state-of-the-art multi-sector Industry 4.0 Centres of Excellence at 'optimal costs' which has been established by the Tamil Nadu Industrial Development Corporation (TIDCO) and Tamil Nadu Startup and Innovation Mission (StartupTN).

Stalin had inaugurated the three Centres of Excellence -- Tamil Nadu Smart and Advanced Manufacturing Centre (TANSAM), Tamil Nadu Centre of Excellence for Advanced Manufacturing (TANCAM) and Tamil Nadu Advance Manufacturing Centre of Excellence (TAMCOE) -- in 2022.

These specialised institutions offer startups with the know-how to accelerate their design, prototyping and development testing.

At an event held recently, nearly 250 chief ...